The Comptroller and Auditor General of India (CAG) has asked state-owned power producer NTPC Ltd and Coal India Ltd (CIL) to resolve the Rs. 2,500 crore payment dispute over fuel supply and avoid an accounting nightmare. India’s largest power generation utility has argued over the poor calorific value of coal being supplied by Coal India.

Union coal ministry refuted the charges levelled by union power ministry and NTPC that Coal India (CIL) was supplying inferior quality coal to the power producer. The power ministry took its grievances against CIL to the Cabinet Committee on Investments (CCI) and this move irked the union coal ministry

So far, 60 power plants have entered into fuel supply agreements (FSA) with the public sector miner Coal India (CIL). CIL is mandated to sign a total of 143 FSAs in respect of identified power projects of 60,000-mw capacity, which have been assured for coal supply, in the next five

Power major NTPC and Coal India (CIL) are conducting coal sampling tests jointly following the decision arrived at a meeting with the union Coal Secretary Sanjay Kumar Srivastava in April 10. During his meeting with the chiefs of NTPC and CIL, Srivastava said that both the firms would conduct a joint

S Vivekanand, Director (Finance) of Singareni Collieries Company (SCCL) informed that the firm raised the price of coal across different grades by an average Rs 18 per tonne. In 2012-13, SCCL produced 53 million tonne (mn t) of coal against the target of 54 mn t. The company has 50 c

Power major NTPC has locked horns with its fellow state-run company Coal India (CIL) over what is claims as the poor calorific value of coal being supplied by the latter. Calorific value refers to the amount of heat that can be generated by burning a certain amount of fuel. Typic